A federal district court has permanently barred St. Louis truck driver Charles Eden from preparing federal income tax returns for customers. In entering the civil injunction order, Judge Stephen Limbaugh found that Eden "continually and repeatedly" understated customers' tax liabilities "by fabricating or grossly inflating their tax deduction." The order states that Eden's activities over the last five years have cost the government nearly $3.5 million. The court ordered Eden to notify his customers of the injunction and to provide the Justice Department with his customers' names, mailing and e-mail addresses, and phone and Social Security numbers. "People who prepare false or fraudulent tax returns are cheating not just the federal treasury, but all law-abiding taxpayers," said Eileen J. O'Connor, assistant attorney general for the Justice Department's Tax Division. "The Department of Justice and the Internal Revenue Service are working vigorously to stop these systematic abuses of the tax system."
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Speaking at Accounting Today's Firm Growth Forum East last week, Joe Woodard called out a single data point as a key guidepost for firm success.
September 28 -
The Internal Revenue Service is using artificial intelligence for hundreds of uses, and in some cases has not yet assessed the risks, according to a new report.
September 28 -
Bloomington, Minnesota-based BGM acquired R. L. DePanfilis & Co., a CPA and consulting firm in Norwalk, Connecticut.
September 28 -
The Top 50 Firm acquired Machen McChesney and its sister company, FocusPay Solutions, continuing its wave of dealmaking and expanding its footprint in the Southeast.
September 28 -
Finance leaders are sounding a more upbeat note lately, according to a pair of new surveys from Deloitte and Grant Thornton.
September 28 -
The Top 20 Firm added roughly 100 consultants and specialists from Sability, a human capital and workforce management firm and a UKG partner.
September 28







